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Global Fatty Acids Key Players Rank and Market Share, Top 5 Companies Hold 32% (2022) | |
Free Online Advertising Free Internet Web Site Advertising. UK Free Classifieds United Kingdom Free Ads Website. 100% Free Ad Posting. Canada Free Ads Popular Online Classifieds in Canada. No Sign up, No Email Required to Post. According to the new market research report “Global Fatty Acids Market Report 2023-2029”, published by QYResearch, the global Fatty Acids market size is projected to reach USD 16.69 billion by 2029, at a CAGR of 4.5% during the forecast period. According to QYResearch Top Players Research Center, the global key manufacturers of Fatty Acids include Wilmar, KLK, Emery Oleochemicals, IOI, Musim Mas, Zhejiang Zanyu, Permata Hijau Group, Sichuan Tianyu, Oleon, Bakrie Group, etc. In 2022, the global top five players had a share approximately 32.0% in terms of revenue. Market Drivers: D1: Extensive downstream demand. Fatty acids have a wide range of commercial applications. For example, they are used not only in the production of numerous food products but also in soaps, detergents, personal care industry, plastics and rubber industries and functional foods and dietary supplements, etc. D2: Millennials’ preference for liquid soaps will cause consumption to shift from fatty acids to fatty alcohols. The development of industries such as oilfield chemicals and polymer additives will drive additional demand for fatty acids. D3: Evolution in consumer lifestyles as a result of rising incomes, increasing urbanization and the increasing awareness among consumers in particular to increasing health welfare contributing to the increasing consumption of personal care and cosmetic products and dietary supplements, which Indirectly stimulats the demand for fatty acids. Restraint: R1: The high cost of price and unavailability of the raw material can hinder the growth of the market. R2: Fatty acids are commonly used as an emulsifier and as a thickening agent in the personal care industry. Excess use of fatty acids could lead to the negative health impact is anticipated to hinder the market growth over the forecast period. R3: The most common challenge that fatty acid market is exposed to includes the fishy smell on ingesting fatty acid derivatives’ dietary supplements and drugs. Furthermore, n-3 LCPUFAs deficiency is overwhelming in Western diets. Whereas, intake of these fatty acids has been a challenge to the global market owing to its oxidation deterioration. For more information, please contact the following e-mail address: Email: global@qyresearch.com Website: https://www.qyresearch.com QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.  | |
| Target State: All States Target City : All Cities Last Update : Apr 14, 2024 10:05 PM Number of Views: 11 | Item Owner : Joyce Contact Email: Contact Phone: 13051817187 |
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2024-04-16 (0.585 sec)